23
Jun
19:00
Mechel foresees domestic demand slump after Q1 output growth
Mechel increased production in the first quarter by 12% year-on-year for pig iron to 1.05 million tonnes, and by 7% for crude steel to 1.1mt, Kallanish learns from the company.
Coking coal concentrate sales declined -14% to 2.04mt quarter-on-quarter due to a reduction in exports, comments Mechel ceo Oleg Korzhov. A large volume of coking coal concentrate was redirected to the domestic market as domestic prices were “more attractive,” ad…
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Anonymous
Very good overview of the weekly steel market.
Anonymous